Funding Round attributes
Solera Health, a technology platform dedicated to connecting individuals with effective health solutions, has secured $40 million in a Series E funding round co-led by Health Care Service Corporation (HCSC), along with participation from Adams Street, Cobalt Ventures, and Horizon Mutual Holdings. This investment aims to enhance access to quality digital healthcare, improve clinical outcomes, and significantly reduce costs.
The newly acquired funds will be utilized to expand Solera's HALO™ platform, with a focus on developing the HALO Cloud. This initiative seeks to integrate a network of high-quality, value-based point solutions within the HALO Marketplace, thereby simplifying the addition of numerous digital health applications for unprecedented access and rapid integration. This approach also facilitates efficient, cost-effective operational support for turnkey digital health programs tailored for payers and employers.
This funding round concludes a significant year for Solera, marked by product expansions, partnerships, and industry recognition. The company added virtual specialty care to its platform to address high-cost specialty conditions and introduced solutions targeting cardiometabolic health challenges such as hypertension, high cholesterol, diabetes prevention, and weight management. Additionally, Solera formed a strategic collaboration with global professional services firm Aon, enabling employers to deliver personalized health experiences and engage high-risk employees with Solera’s curated network of clinically validated resources.
